News18 COVID-19 Updates | United States America (US)

Create: 2022-09-14 Update: 2024-06-08 03:21:12

Today's Data Highlights (September 14)

- 5108 new cases, 31 new deaths (Including 12 backlog), 5675 new recoveries, 598 drop in active cases.

- New cases 739 (16.91%) higher than the previous day.

- Active cases falling for 26th consecutive day.

- Kerala reports 1651 new cases, Rajasthan 889, Maharashtra 730

- Kerala reports 13 new deaths (Including 12 backlog), Maharashtra 4, Gujarat 3, Karnataka 3

- 10 states/UTs report rise in active cases. 22 states/UTs report fall in active cases.

- Difference between new cases reported in the last 7 days and the preceding 7 days in India is -12% (world average is -20%)

- 19.26 lakh new vaccinations. 215.67 crore total. 0.28 lakh of 18+ population received their first dose yesterday, 1.04 lakh second dose. 0.1 lakh of 15-18 year olds received their first dose yesterday, 0.24 lakh second dose. 0.3 lakh of 12-14 year olds received their first dose, 0.55 lakh second dose. 16.75 lakh received the precaution dose yesterday. 94.57 crore fully vaccinated.

- 3.55 lakh new tests. All-India test daily positivity rate: 1.44% (1.25% the previous day)

- Daily test positivity rate: Mizoram 9.30%, Goa 7.64%, Puducherry 6.00%

- Test positivity rate (weekly average): Mizoram 12.52%, Goa 9.65%, Puducherry 6.44%

- 118 districts reporting weekly test positivity rate above 5%

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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

Today's Data Highlights (September 14)

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